Today, the local bourse sustained its bullish performance due to buying interest in MTNN (+1.8%), AIRTELAF (+5.7%), and WEMABANK (+6.0%) as the All-Share index rose by 0.8%...
The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars to combat COVID-19 crisis. The...
Today, the local bourse resumed trading for the week on a bullish note, as price appreciation in MTNN (+1.8%), MBENEFIT (+5.4%), and ZENITH (+0.2%) pushed All-Share index higher...
FBN Holdings Plc has posted a profit before tax (PBT) of N45.2 billion in its unaudited financial results for the half year (H1) ended June 30....
Dangote Cement has posted after tax profit of ₦191.6bn and paid N89.6bn tax in the six months ended 30th June 2021 as Group sales volumes hit...
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding from First City Monument...
Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding...
The Federal Airports Authority of Nigeria (FAAN) says the Aviation industry will need relief and financial intervention from the Federal Government to recover from the COVID-19...
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also...
Wema Bank said it is committed to the growth and development of Nigerian Small and Medium Enterprises (SMEs) with the launch of an SME Business School....
Today, the local bourse trended downward on the back of sell pressure in BUACEMENT (-5.2%), GTCO (-1.7%), and DANGSUGAR (-1.6%) as the All-Share index fell by 79bps to 38,484.82 points. Consequently, YTD loss worsened...
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that the Pan African bank remains the payment gateway for Africa. Akinwuntan who was speaking on the topic...
Today, the local bourse extended its bearish performance on the back of sell pressure in ZENITH (-1.6%), VITAFOAM (-1.6%), and ACCESS (-1.1%) as the All-Share index fell by 3bps to 38,791.03 points. Consequently, YTD loss...
Rising stocks and financial assets helped U.S. household wealth grow by $19 trillion during the pandemic to $137 trillion, but wealth inequality has gotten worse, according...
The Central Bank of Nigeria (CBN) said it has discontinued sale of Foreign Exchange (forex) to Bureau de Change (BDC) operators in the country. Mr Godwin...